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the question is, i feel almost sorry for john boehner. there is incredible pressure on him from a base of his party that is unreasonable about this, and he's got to decide, is his speakership more important, or is the country more important? and in some ways, he has got to deal with this base of the republican party who grover norquist represents, and, you know, everybody's elevated grover -- i met him for the first time this morning. nice to meet him. but who is he? why is he this guy that has captured so much attention in this? let's talk about our country and -- >> but, senator, let's also talk about spending. again, you talk about 1993. president clinton cutting upwards of $250 billion from defense. name some specific programs that ought to be cut that would cause pain in terms of the role of our government that democrats are prepared to support. >> well, i think you can see more cuts frankly and a lot of us voted for more cuts in the farm program. $23 billion in savings in the farm bill that's languishing in the house right now. $23
the question is, i feel almost sorry for john boehner. there is incredible pressure on him from a base of his party that is unreasonable about this, and he's got to decide, is his speakership more important, or is the country more important? and in some ways, he has got to deal with this base of the republican party who grover norquist represents, and, you know, everybody's elevated grover -- i met him for the first time this morning. nice to meet him. but who is he? why is he this guy that has...
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boehner's emboldened by that support. but also you know i think they've been swashbuckling insofar as keeping the raucous members or purging them from committee chairs. >> there's definitely been a new message which is that john boehner's the boss and we're not going to deal with insubordination. if you look at that offer, people are saying it's boehner's offer. it's signed by eric cantor. >> and paul wrien. >>> and paul ryan. any leader who the rebels, shall we say, within the republican conference could have, is now aligned with wehner completely. strengths his hand. he's the sole negotiate, whatever he gets from president obama will be the rule of law. and i think what's really emboldened boehner, ironically, mitt romney's loss. it's this idea that john boehner's survived, he's the one who came through. we were able to keep the house. he does get a lot of credit for that among house republican circles, they were able to keep the house. people think -- >> he raised something like 100 million dollars. >> he's the kingmak
boehner's emboldened by that support. but also you know i think they've been swashbuckling insofar as keeping the raucous members or purging them from committee chairs. >> there's definitely been a new message which is that john boehner's the boss and we're not going to deal with insubordination. if you look at that offer, people are saying it's boehner's offer. it's signed by eric cantor. >> and paul wrien. >>> and paul ryan. any leader who the rebels, shall we say, within...
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boehner knows this. this is why boehner is now coming to the table saying, all right, we can't do the cliff thing, we'll get the political hit for it and we'll also be in a bad negotiating position. but he has to identify where the money's coming from. and it's got to be rates. i get a sense in washington that the democrats have drawn the line in the sand on rates. if you can't get rates, you can't get anything else. boehner's going to come out and identify a bunch of deductions. that's not going to be enough. you got to go the rates. once you do the rates, everything else might fall in place because do i think the white house will negotiate. >> i want to go over the stakes of all of this just for the average american family, if we do go over the cliff, about 90% of households would end up paying almost $3,500 more in taxes and one in five action pai -- taxpayers would have to pay the alternative minimum tax, which would mean an increase of $3,700 more of what you already know and those on unemployment i
boehner knows this. this is why boehner is now coming to the table saying, all right, we can't do the cliff thing, we'll get the political hit for it and we'll also be in a bad negotiating position. but he has to identify where the money's coming from. and it's got to be rates. i get a sense in washington that the democrats have drawn the line in the sand on rates. if you can't get rates, you can't get anything else. boehner's going to come out and identify a bunch of deductions. that's not...
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for the gop house speaker john boehner. geithner and boehner only on fox news sunday. plus, we've seen this movie before. the two parties edging closer and closer to the brink. we will ask our sunday panel whether we will get a happy ending or an economic disaster. and our power player of the week. a young beauty queen has to make a tough choice. all right now on fox news sunday. >> hello again from fox news in washington. well, we had quite a day around here friday with talks to avoid the fiscal cliff deadlock, and everyone saying the other side is to blame, pressure secretary geithner scheduled a ground of interviews. then friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday to tell his side of the story. you will hear from bain -- john bainner a few minutes. first my conversation with tim geithner about the lack of progress in steering away from the cliff. >> secretary geithner, welcome back to fox news sunday. >> nice to see you, chris. >> i spoke with house speaker boehner before you came over here. he said when you present
for the gop house speaker john boehner. geithner and boehner only on fox news sunday. plus, we've seen this movie before. the two parties edging closer and closer to the brink. we will ask our sunday panel whether we will get a happy ending or an economic disaster. and our power player of the week. a young beauty queen has to make a tough choice. all right now on fox news sunday. >> hello again from fox news in washington. well, we had quite a day around here friday with talks to avoid...
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hard to believe he has both tim geithner and john boehner. from the looks of it, john boehner does seem to be flabbergasted. we'll get to that shortly. >> eric: that is on "fox news sunday." later today, exclusive interview with speaker boehner. sunday at 2:00 p.m. and 6:00 p.m. right here on the fox news channel. >> jamie: well, there is a push by the senate republican leader mitch mcconnell as well to put medicare and social security on the table to try and the budget crisis we're talking about. mcconnell telling the "wall street journal" that those are the kind of things that would get republicans interested in new revenue. maybe bipartisan. john fund, a columnist for the "national review magazine." good morning. >> good morning. >> jamie: great to have you here this morning. >> thanks. >> jamie: we have less than a month left as we have been talking about went're now in december for the fiscal cliff. what truly is on the table where both democrats and republicans are concerned? do you see anything they agree on? >> we have four weeks to g
hard to believe he has both tim geithner and john boehner. from the looks of it, john boehner does seem to be flabbergasted. we'll get to that shortly. >> eric: that is on "fox news sunday." later today, exclusive interview with speaker boehner. sunday at 2:00 p.m. and 6:00 p.m. right here on the fox news channel. >> jamie: well, there is a push by the senate republican leader mitch mcconnell as well to put medicare and social security on the table to try and the budget...
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we have not seen that same support from republicans to speaker boehner. he has the rank and file behind him, but we have conservative voices both in the senate and house criticize the plan he put on the table. with that said, again, i guess my initial question is where do you see progress? you noted where the president stood the line and been loyal to the words he offered to the american public upon re-election, but as far as these negotiations are concerned, where is the progress? >> well, i think republican voices are being raised. even lindsey graham over in the senate and in the house, you're seeing the congressman speak out from ohio. though he's leaving, he sees a path forward to an agreement. i think we need 218 to pass a measure in the house, and i think we're on the road to do that. >> quickly, we have to talk about major changes to social security and medicare. you are against it. a new poll shows that 70% are opposed to medicaid spending cuts, 51% oppose raising medicare age. where are you you willing to compromise on entitlements when that par
we have not seen that same support from republicans to speaker boehner. he has the rank and file behind him, but we have conservative voices both in the senate and house criticize the plan he put on the table. with that said, again, i guess my initial question is where do you see progress? you noted where the president stood the line and been loyal to the words he offered to the american public upon re-election, but as far as these negotiations are concerned, where is the progress? >>...
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. >> i feel almost sorry for john boehner. >> does john boehner have control of his caucus? >> will john boehner lead his sdmaukz. >> is he leading his caucus or will his caucus lead him? >> two party two is going to dwarf tea party one. >> this is embarrassing. >> he's the problem. >> he's willing to act like the election never happened. >> we're not getting anywhere. >> we're going over the cliff. >> it's the gop who has been short on specifics. >> i would say we're nowhere, period. we're nowhere. >> the same exact policies. >> this shows that republicans are really chicken hawks. >> you can't be serious. >> chicken hawks when it comes to reducing the debt. >> get serious. >> we're not getting anywhere. >> the path to nowhere. >> be prepared for the plunge. >> i would say we're know where know where. >> there's clearly a chance. >>> today, john boehner, eric cantor and paul ryan finally kind of sort of responded to the president's budget proposal, a proposal of their own that they were so unmarried to that they didn't put their names on it. they said the whole thing was er
. >> i feel almost sorry for john boehner. >> does john boehner have control of his caucus? >> will john boehner lead his sdmaukz. >> is he leading his caucus or will his caucus lead him? >> two party two is going to dwarf tea party one. >> this is embarrassing. >> he's the problem. >> he's willing to act like the election never happened. >> we're not getting anywhere. >> we're going over the cliff. >> it's the gop who has been...
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president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
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especially since boehner does not want to increase tax rate at all. he wants the revenue from the closed loopholes and limited deduction. >> put a new deal on the table but tim geithner, does he say specifically where he sees the tax rate for the top earners going? >> he did. 39.6%, like in clinton era. he said clinton rare was time of remarkably good economic growth and strong private investment and he thinks that the republicans just need time to digest the idea of higher rates for rich. >> you heard them for the first time i think in two decades now acknowledge that they are willing to have the revenue go up as part of a balanced plan. a good first step. they have to tell us what they are willing to do on rate and revenues. that is hard for republicans. >> secretary geithner says he cannot promise we will not go off the fiscal cliff. speaker boehner says he is going to do everything we can to avoid the cliff. but acknowledged there is a chance he canal stop it. jamie? >> eric: peter doocy comprehensive report. >> jamie: thank you. >> eric: presiden
especially since boehner does not want to increase tax rate at all. he wants the revenue from the closed loopholes and limited deduction. >> put a new deal on the table but tim geithner, does he say specifically where he sees the tax rate for the top earners going? >> he did. 39.6%, like in clinton era. he said clinton rare was time of remarkably good economic growth and strong private investment and he thinks that the republicans just need time to digest the idea of higher rates...
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look, in the negotiations, speaker boehner was reportedly offered revenue. the presidents asked for $1.6 trillion in revenue. there's a bid. there's an ask. >> let me bring that to congressman ellison, we started to see the beginnings of a counteroffer from mitch mcconnell. he offered three things. he said that he's gradual increase in the eligibility age for medicare. some adjustments to social security cola. i believe those are all nonstarters to you and the progressive caucus. >> those would be a problem because raising rates and increasing eligibility age is going to hurt people across income scales. particularly low income seniors and people like that. that wouldn't work for us. >> the president has been open to some of that before. >> here's the deal, the people of the united states believe that medicare is an important program. they don't want to see beneficiaries cut. if we find cuts that don't result in cuts to beneficiaries that's one thing. but we're not going to go after seeing the president win this election, we won the white house, turn right a
look, in the negotiations, speaker boehner was reportedly offered revenue. the presidents asked for $1.6 trillion in revenue. there's a bid. there's an ask. >> let me bring that to congressman ellison, we started to see the beginnings of a counteroffer from mitch mcconnell. he offered three things. he said that he's gradual increase in the eligibility age for medicare. some adjustments to social security cola. i believe those are all nonstarters to you and the progressive caucus. >>...
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boehner i think is trying to rise above partisanship and get a deal. i think he's been very valiant. but sit going to take a toll on the gop internally? >> larry, i was at a very prominent conservative meeting in washington today, and you know who showed up? a congressman from kansas. he was booted off of his committee earlier today and he was very angry talking to conservative activists. here's why conservatives are angry. as this fiscal cliff negotiations continues, they think boehner is trying to warn conservatives about going against any kind of deal he cuts with the white house. so as a warning, boehner is saying i'm going to boot you off your committee if you go against something i do. a lot of conservatives don't like it when he plays hardball. they're going to continue to fight back just like senator demint is doing right now. >> but he's also going to lose some votes on the moderate side. a couple dozen republican house members signed a bipartisan letter that says let's look at all kinds of tax rates, not just the deduction, but tax rates in r
boehner i think is trying to rise above partisanship and get a deal. i think he's been very valiant. but sit going to take a toll on the gop internally? >> larry, i was at a very prominent conservative meeting in washington today, and you know who showed up? a congressman from kansas. he was booted off of his committee earlier today and he was very angry talking to conservative activists. here's why conservatives are angry. as this fiscal cliff negotiations continues, they think boehner...
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boehner stepped in front of the microphone the day after the election and this market tanked. that's a clear signal to washington they better get it right. >> i think ben is right on the money. this is basically what is happening. there's an enormous amount of room for disappointment in this market. this market is expecting a deal. i don't know why all of the sudden today we get this triple-digit move as if something is happening. if we don't get a deal, how big of a sell-off can we see? >> well, we've seen the t.a.r.p. disappointment. we've seen the debt ceiling disappointment. i think if we go over the cliff, we're going to have a very big sell-off, then the politicians are going to go, hey, we're here to the rescue. >> what's fueling this optimism then? >> i think we have seen the idea that the market has voted to tell washington they need to get it right with the sell-offs we have seen. the anticipation is they want to get re-elected. they understand the republicans now have detectors. again, the market is saying we with believe in you. don't screw this up. >> all right. y
boehner stepped in front of the microphone the day after the election and this market tanked. that's a clear signal to washington they better get it right. >> i think ben is right on the money. this is basically what is happening. there's an enormous amount of room for disappointment in this market. this market is expecting a deal. i don't know why all of the sudden today we get this triple-digit move as if something is happening. if we don't get a deal, how big of a sell-off can we see?...
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>> speaker boehner said he's willing to raise revenue. his method is simplify the tax code, eliminating the deductions wealthy people take advantage of. president obama is less interested in that. his emphasis is raising rates. that's been the debate. republicans may or may not concede on that. as you said, they don't have a lot of leverage. if they do nothing, if no law passes, they go over the fiscal cliff. >> that raises the issue. you are talking what a disaster the medicare eligibility portion of this would be, do you look at the compromise of 37%, if you could get something more favorable on medicare, would you say going up to 37% instead of 39.6 is enough? >> no. look, there was a tax plan and we looked at the discussion of keeping the rates at the level and reforming the tax code and dealing with deductions. the truth is, if you want to have significant deficit reduction, which republicans are arguing for and you want to stabilize the debt, we need significant revenue. we need to -- the real challenge we have is we are not raising
>> speaker boehner said he's willing to raise revenue. his method is simplify the tax code, eliminating the deductions wealthy people take advantage of. president obama is less interested in that. his emphasis is raising rates. that's been the debate. republicans may or may not concede on that. as you said, they don't have a lot of leverage. if they do nothing, if no law passes, they go over the fiscal cliff. >> that raises the issue. you are talking what a disaster the medicare...
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i say let boehner be boehner. let him negotiate the best possible way out of the box. which is what i think you're seeing happen now. >> you mentioned grover norquist. he's making a new prediction, by the way. let's listen. >> understand how ugly the next four years are going to get. everything in obamacare that obama didn't want you to focus on or think about, the 90% of his trillion-dollar tax increase was pushed over till after he got himself safely re-elected. all those regulations you're now hearing about, okay, those all hit after the election. we've got four bad years of regulation taxes. he wants to add higher taxes to that. tea party 2 is going to dwarf tea party 1 if obama pushes us off the cliff. >> so basically, jon, what grover norquist is saying there to members of the tea party set who have been elected, who were elected, is, you know, we're going to take everybody who is against us into a primary on your right. >> right. >> on the republican side. >> right. >> so the threat has been issued already,
i say let boehner be boehner. let him negotiate the best possible way out of the box. which is what i think you're seeing happen now. >> you mentioned grover norquist. he's making a new prediction, by the way. let's listen. >> understand how ugly the next four years are going to get. everything in obamacare that obama didn't want you to focus on or think about, the 90% of his trillion-dollar tax increase was pushed over till after he got himself safely re-elected. all those...
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they are speaking as one with john boehner. so that's, i think, the big difference is that boehner, cantor, mccarthy, throw paul ryan in there, this is a quartet that is moving as one, negotiating as one. there's no, none of this looking over the shoulder. on the leadership side, it's a much different story. yes, it really depends on how you want to try to view it. can you find more rank-and-file conservative republicans who are sort of not in the circle? yes. to complain. but there's no -- there's no alternative. >> bob, you, yesterday, shadowed grover norquist for quite some time. you went to the meeting, his wednesday meeting. >> that's right. >> he has all the time with some of the most powerful conservatives in d.c. and across the country attending. what was their attitude about any deal that boehner might have to make? >> it's pretty interesting when you talk to house republicans because they look at boehner from two different perspectives. on one side, boehner went in front of the house conference and he said, i'm not go
they are speaking as one with john boehner. so that's, i think, the big difference is that boehner, cantor, mccarthy, throw paul ryan in there, this is a quartet that is moving as one, negotiating as one. there's no, none of this looking over the shoulder. on the leadership side, it's a much different story. yes, it really depends on how you want to try to view it. can you find more rank-and-file conservative republicans who are sort of not in the circle? yes. to complain. but there's no --...
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boehner. can't you get one? our tax code is how many thousands of pages and you can't give us one loophole? well, on tv and on paper, republicans refuse to offer details about just how they are going to get all this revenue. timothy geithner explained by the republicans can't sell the specifics of their plan. >> if republicans would like to go beyond these reforms, they should tell us how they want to do it. >> what if they were to propose the republican budget that they passed? >> there's no reason they are going to do that. the american people could take a careful, hard look at that plan and they found no merit in it. >> this thing called the ryan plan, president obama continues to take his case to the american people who rejected the ryan plan. today he answered questions directly on twitter. one person asked, why won't keeping tax rates low across the board encourage more hires and therefore, more tax revenue? the president responded, high-end tax cuts do the least for economic growth and cost almost $ 1 tri
boehner. can't you get one? our tax code is how many thousands of pages and you can't give us one loophole? well, on tv and on paper, republicans refuse to offer details about just how they are going to get all this revenue. timothy geithner explained by the republicans can't sell the specifics of their plan. >> if republicans would like to go beyond these reforms, they should tell us how they want to do it. >> what if they were to propose the republican budget that they passed?...
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president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this afternoon president obama's fiscal photo-op off the day takes him to the suburban home of a middle class families in virginia, one of the thousands who responded to the
president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this...
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he met with speaker boehner yesterday. that's the first face to face in nearly a month and their one on one first one since july 2011. now, the other strategy as michigan congressman clark explains is going to the people. >> i think the best way to break this political gridlock in washington is to go to the american people because it's we the people that demand that the politicians and congress resolve this fiscal cliff but resolve in it a way that makes our country stronger. >> let me bring in the "news nation" political panel. neimalik henderson and goodfreend and contributor michael smerkonish. you the people, you talk to folks all day long on the radio show that you have that's syndicated in cities and states. what do you make of the president picking up where he left off so often going straight to the folks at snoem. >> he is really mained a full court press that began in the campaign season and never ended after election day and i think that two-prong attack you reference is good politics and seems to be working in l
he met with speaker boehner yesterday. that's the first face to face in nearly a month and their one on one first one since july 2011. now, the other strategy as michigan congressman clark explains is going to the people. >> i think the best way to break this political gridlock in washington is to go to the american people because it's we the people that demand that the politicians and congress resolve this fiscal cliff but resolve in it a way that makes our country stronger. >> let...
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boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on this third term that he has figured out a way to have. he's a publisher. he's a 15th richest guy -- most powerful guy on our list, one of the richest men in the world. >> and a quick thought on ilan musk -- we've heard his name but he doesn't get a lot of attention. why is he in the top 70? >> when you think about the entrepreneurial ethos that forbes tries to represent, the people, places and companies that we try to describe an entrepreneurs in particular, here's a guy who founded paypal. here's a guy who's at the front of the tesla automobile. he's now moving cargo through space. filling the void that nasa has left. >> it's like watch what he does zblep's going to be the railroa
boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on this third term that he has figured out a way to have. he's a publisher. he's a 15th richest guy -- most powerful guy on our...
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speaker boehner's proposal, as i understand it, that went over to the white house the other day which they've pretty much called ridiculous offered the 800 billion in revenue, getting it from the same people. the rich people, but rather increasing the tax rates, what they were going to do is close some loopholes and deductions that apply only to the rich people, so that the rich were in effect paying $800 billion, increasing their actual tax, just not the tax rate. the president said no and came back and moved the goal posts and wants 1.6 trillion. >> it's like lucy pulling away the football from charlie brown. the president is now asking for twice the amount of increase in taxes that he campaigned on. really, the proposal that tim geithner brought to capitol hill is one that i believe the democrats one-point even support if put to a voight. the increase in taxes in over $200,000 of income, the incredible increase in change to the death tax, wanting to have a new credit card with no credit limit to the president so he can additionally just borrow and spend and tax? you go through all
speaker boehner's proposal, as i understand it, that went over to the white house the other day which they've pretty much called ridiculous offered the 800 billion in revenue, getting it from the same people. the rich people, but rather increasing the tax rates, what they were going to do is close some loopholes and deductions that apply only to the rich people, so that the rich were in effect paying $800 billion, increasing their actual tax, just not the tax rate. the president said no and...
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let's talk about some of john boehner's plan, though. john boehner is not moving off of rates. he's stilling talking about loophole closures. do you believe you can accomplish what needs to be done on the revenue side and let's step plate democrats have to be more specific about us entitlement side. can you accomplish what you need on the revenue side just by flattening deductions and closing loop snoels. >> it depends on where you set the cap, but i think what's happening here is that the speaker has put on the table revenues, very specific number, $800 billion, a big number compared to where he was before. the president has said $1.6 trillion. well, i think the obvious agreement here is 1.2. split the difference. how you get that extra 400 is an issue. there are a lot of ways to do it. revenues is not a complicated part of this situation. what is really more complex is the issue of how you get the entitlements controlled because there's really been no substantive ideas put forward on that get to the numbers that you really need to get to. now, what interestingly enough what t
let's talk about some of john boehner's plan, though. john boehner is not moving off of rates. he's stilling talking about loophole closures. do you believe you can accomplish what needs to be done on the revenue side and let's step plate democrats have to be more specific about us entitlement side. can you accomplish what you need on the revenue side just by flattening deductions and closing loop snoels. >> it depends on where you set the cap, but i think what's happening here is that...
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the fact that we saw the president meeting with speaker boehner yesterday at the white house, we have to think that these conversations are getting into more detail. so i think today is when we'll maybe see some more of these details possibly shake loose. or there could be such a close hold because maybe progress is being made. >> all right. another interesting thing that i do want to talk about today is this article that politico has out dealing with republican leaders. and only adds to the question of who is the gop leader right now. 47% of republicans have a favorable view of mitt romney and congressman paul ryan. 47%. that number is just going to haunt them till the end of days. 29% say the same of house speaker john boehner. 39% view jeb bush in a favorable light. 36% of republicans haven't even heard of marco rubio. carrie, there's no definitive answer in all of this as to who republicans see emerging as a true leader moving forward. >> sure. that's the challenge that republicans face right now after mitt romney, who doesn't hold a public office where he can continue to sort of
the fact that we saw the president meeting with speaker boehner yesterday at the white house, we have to think that these conversations are getting into more detail. so i think today is when we'll maybe see some more of these details possibly shake loose. or there could be such a close hold because maybe progress is being made. >> all right. another interesting thing that i do want to talk about today is this article that politico has out dealing with republican leaders. and only adds to...
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what is boehner going to put on the table? what does he want to do? we don't know. we are waiting for him to do some kind of counter, to talk about what their preferences are. we haven't heard anything. >> might going over the cliff give democrats more leverage to get republicans to let the tax rates go up on the wealthy, since all the tax cuts expire at the end of the year? >> well, i mean, some people talk about that, but don't forget that this whole negotiation that took place over raising the debt ceiling caused sequestration, and that would mean tremendous cuts in social programs and defense. in the president's proposal, he's talking about delaying $55 billion in cuts to defense, and about $55 billion in cuts to discretionary programs and offering up $400 billion in cuts to discretionary programs. and i think that should be taken seriously. >> democratic congresswoman maxine waters, always enjoy you, congresswoman. thank you. >> thank you. >>> on their way off the senate floor, two republican senators have put a new immigration reform law on the table this week
what is boehner going to put on the table? what does he want to do? we don't know. we are waiting for him to do some kind of counter, to talk about what their preferences are. we haven't heard anything. >> might going over the cliff give democrats more leverage to get republicans to let the tax rates go up on the wealthy, since all the tax cuts expire at the end of the year? >> well, i mean, some people talk about that, but don't forget that this whole negotiation that took place...
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we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key guys. he can only go so far. i would guess that they're the ones holding the pen when he wrote, "i will not raise rates" in that letter he sent to president obama. but the problem is, we can agree or disagree with the president's position. i honestly take the president at his word. i do not believe there will be a deal here without some increase in tax rates for the top 2%. it doesn't have to be all of it, but some of it. i think the president has changed his tune a bit from the way he's handled some of these other negotiations. and take everything you say
we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key...
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we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few left. today there's a joint economic committee hearing. they're going to hear from a top economist not only about the jobs numbers coming out tomorrow but also about what can be done to avoid this issue at the end of the year. >> tracie potts for us in washington. thank you. >>> last night on the ed show, steny hoyer explains why he thinks the debt ceiling vote should be taken off the table. >> the debt ceiling is a phone y vote, frankly. and from time to time democrats have made it an item that they demagogue down and the republicans have demagogued on it, as well. the debt limit is a re
we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few left. today there's a joint...
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john boehner should say we passed this out of the house. let's see harry reid and the democrats pass this out of the senate. bill: i get the impression both sides are miles apart from the deal. and i'm told by smart people i'm dead wrong on that. are you of mind a or mind b, rich? >> i don't think there is a deal sitting there. i think they would have to sit down and negotiate it. bill: kirsten before you address rich's answer, are you in camp "a" or "b." >> they don't have a deal. how can you have a deal when you don't have the republicans making a counter offer. they keep saying where is the serious offer, they want more in terms of cuts. but they haven't really made a counter offer. i find this stuff that the republicans are saying is being counter productive. we are flabbergasted, we laughed eight. what is the point of that. make a counter offer. >> i think they would argue the tax revenues was their counter offer. bill: republicans are saying this was a democratic wish list, not a serious offer. one second. tim geithner from sunday. >>
john boehner should say we passed this out of the house. let's see harry reid and the democrats pass this out of the senate. bill: i get the impression both sides are miles apart from the deal. and i'm told by smart people i'm dead wrong on that. are you of mind a or mind b, rich? >> i don't think there is a deal sitting there. i think they would have to sit down and negotiate it. bill: kirsten before you address rich's answer, are you in camp "a" or "b." >> they...
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boehner has a weak hand. the fact he has a weak hand is causing something close to a panic among the republican rank and file. >> bret: thank you for that. >> you're welcome. i think that you are seeing republicans freak out a little bit. little bit too prematurely. the ironic thing in some ways it might strengthen boehner's hand in negotiations. if he can go in and say they are going to fire me if i do what you are asking. i can't do that. one thing that barack obama understands is personal preservation and self-politic and it may make boehner a more credible negotiator in this. at the end to day, the republicans have to shoot the hostage and they will probably have to end up raising rates. >> bret: let's take a listen to one of the senators. senator corker over the weekendbe. as jonah mentioned he does front a vote in the house but he was speaking this weekend -- he does not have a vote in house but he was speaking on "fox news sunday." >> once you give him the rate on the top 2% it's lesser tax increase th
boehner has a weak hand. the fact he has a weak hand is causing something close to a panic among the republican rank and file. >> bret: thank you for that. >> you're welcome. i think that you are seeing republicans freak out a little bit. little bit too prematurely. the ironic thing in some ways it might strengthen boehner's hand in negotiations. if he can go in and say they are going to fire me if i do what you are asking. i can't do that. one thing that barack obama understands is...
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more support for boehner now than anytime in his speaker ship. is that's setting up for -- >> but it is social media and twitter allows to you see these things. >> sausage factory into the front of the kitchen. >> exactly. >> geithner didn't use the word marginal rates had to go up, just said rates. >> rates are already going up. there will be a tax increase to people making more than 250 anyway because of the health care law. so the idea that somehow they will get a freebie is just crazy. >> california at 52%, new york and other places -- >> when you add up all the state and local taxes. hawaii is above 50, as well. >> hawaii is worth it, though. >> california is not bad either. >> unless you need to drive somewhere. right? and don't have a helicopter. >> there's a reason the president takes a helicopter anywhere. you can't drive in d.c. sdl those a >> boston in the city can get like that. last night i was thinking in my mother was still alive, cincinnati versus here, she would see like ten cars an and go oh, i can't believe people -- if she had
more support for boehner now than anytime in his speaker ship. is that's setting up for -- >> but it is social media and twitter allows to you see these things. >> sausage factory into the front of the kitchen. >> exactly. >> geithner didn't use the word marginal rates had to go up, just said rates. >> rates are already going up. there will be a tax increase to people making more than 250 anyway because of the health care law. so the idea that somehow they will get...
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the holdup right now is that speaker boehner took a position the day after the campaign. that said we are willing to bring in revenue and not willing to bring in rates. we have could solve this in a week. it's not that tough. but we need that conceptual break through. >> we have a debt problem out of control. we have to cut spending. i believe we can put revenue on the table. revenues on the table will come from guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more, more of their money to the federal government without raising tax rates which we believe will harm our economy. i'll be here. i'll be available at any moment to sit down with the president to get serious about solving this problem. >> bret: the back and forth today in the fiscal cliff negotiations that aren't really negotiations as they're not sitting in one room. today, the treasury secretary tim geithner said in an interview that there is a little bit of progress. but yes, the white house would, "absolutely go over the fiscal cliff" if the republicans woul
the holdup right now is that speaker boehner took a position the day after the campaign. that said we are willing to bring in revenue and not willing to bring in rates. we have could solve this in a week. it's not that tough. but we need that conceptual break through. >> we have a debt problem out of control. we have to cut spending. i believe we can put revenue on the table. revenues on the table will come from guess who? the rich. there are ways to limit deductions, close loopholes and...
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boehner -- >> suckle me flabbergasted. [mumbling] >> stephanie: boehner described negotiations as going nowhere, period and there is a chance the nation will go over the fiscal cliff. if you're driving it is. >> boehner was -- geithner was more optimistic. he doesn't expect a counter offer right away as they work to sort out tensions within the party. yeah that's the thing. now we need to wait until they finish having their argument among themselves. he and his tea party caucus. [ whatever! ] >> stephanie: and then get back to us. he said all that's blocking is republicans reluctance to accept higher taxes on the wealthy. revenues will have to go up. they haven't told us anything about who should pay higher taxes. so you can't negotiate with somebody who's not offering any -- >> details. >> stephanie: yes. thank you. all right. the president. >> obama: if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. every family. everybody here, you'll see the taxes go up on
boehner -- >> suckle me flabbergasted. [mumbling] >> stephanie: boehner described negotiations as going nowhere, period and there is a chance the nation will go over the fiscal cliff. if you're driving it is. >> boehner was -- geithner was more optimistic. he doesn't expect a counter offer right away as they work to sort out tensions within the party. yeah that's the thing. now we need to wait until they finish having their argument among themselves. he and his tea party...
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that's the question john boehner, the speaker of the house has. listen to him. >> this week we made a good faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue. frankly, it was the balanced approach that the president has been asking for. now we need a response from the white house. we can't sit here and negotiate with ourselves. and if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. a plan that can pass both chambers of congress. if you look at the plans that the white house has talked about thus far, they couldn't pass either house of the congress. >> brian: hasn't because it's been presented before. here is one thing the president i think is banking on because he's playing his cards and it's a strategic approach. he's saying if i can divide boehner and the other house republicans, i could break this thing wide open and i could get what i need. and it turns out of all places, the "new york
that's the question john boehner, the speaker of the house has. listen to him. >> this week we made a good faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue. frankly, it was the balanced approach that the president has been asking for. now we need a response from the white house. we can't sit here and negotiate with ourselves. and if the president doesn't agree with our proposal and our outline, i think...
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house speaker john boehner is taking it from all directions this week. president obama and democrats are ripping him for resisting tax hikes on the rich. boehner's own party is giving him a hard time for not resisting hard enough. chief political correspondent carl cam has a deeper look at -- carl cameron has a deeper look at that story. >> john boehner is trying to stave off conservative rebellion in the ranks. his proposal to steer clear of the fiscal cliff raising tax revenue $800 billion closing the loopholes outraged antitax conservatives. when the speaker removed the conserve priv key committees in the past, the battle began. >> $800 billion over ten years and that looks like it would be a tax increase to me. 238 republicans, myself included, took a pledge not to raise taxes. they want to send a message to me to send a message to others. that we are not going to tolerate people who are interested in doing what is right. we want to play the same old game. if you try to disrupt that, we will knock you off a committee. >> for refusing to tow the leade
house speaker john boehner is taking it from all directions this week. president obama and democrats are ripping him for resisting tax hikes on the rich. boehner's own party is giving him a hard time for not resisting hard enough. chief political correspondent carl cam has a deeper look at -- carl cameron has a deeper look at that story. >> john boehner is trying to stave off conservative rebellion in the ranks. his proposal to steer clear of the fiscal cliff raising tax revenue $800...
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. >> that's going to be the question that boehner has to deal with. the president will have to deal with the far wings of his party. boehner started doing it. did you see they removed two tea party members from the budget committee? >> i don't want to raise taxes to fund 25% of gdp. >> and actually, the american taxpayers are being told to pay their fair share. they want to see real entitlement reform as well. but you have to deal with the issue on the table. i mean, the spending right now is a percentage of gdp is 24%. it's projected to go substantially higher. do you know that medicare and medicaid didn't exist 50 years ago and they're now a quarter of the federal budget? >> i know. it was supposed to be supplemental. david walker was on the other day talking about obama care which is supposed to save us a trillion dollars and the actual cost, what it added the our entitlement is 12 trillion. just that we did in the last two years. or whenever it was. >> but in terms of where we are now in this negotiation, i believe that both sides in the final ana
. >> that's going to be the question that boehner has to deal with. the president will have to deal with the far wings of his party. boehner started doing it. did you see they removed two tea party members from the budget committee? >> i don't want to raise taxes to fund 25% of gdp. >> and actually, the american taxpayers are being told to pay their fair share. they want to see real entitlement reform as well. but you have to deal with the issue on the table. i mean, the...
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the president resumed discussions with boehner on wednesday. however, treasury secretary tim geithner kept up the tough talk telling cnbc the administration would let automatic spending cuts and tax increases take effect if republicans refused to raise tax rates on upper income americans. >>> secretary of state hillary clinton and russia's foreign minister are holding surprise talks today on the deepening crisis in syria. the u.s. is concerned that syrian president assad's regime is on the verge of releasing chemical weapons against its own people. allies want assad to step down to prevent bloodshed. russia is syria's strongest ally. so support for any plan is critical. >>> search and rescue teams are still finding survivors two days after a powerful typhoon bopha struck the southern philippines, but the death toll has climbed beyond 375, and hundreds of people are still missing there. survivors include a 3-year-old child pulled from under a crumbled house and a man who lived for two days eating nothing but coconut. >>> kate, the pregnant duche
the president resumed discussions with boehner on wednesday. however, treasury secretary tim geithner kept up the tough talk telling cnbc the administration would let automatic spending cuts and tax increases take effect if republicans refused to raise tax rates on upper income americans. >>> secretary of state hillary clinton and russia's foreign minister are holding surprise talks today on the deepening crisis in syria. the u.s. is concerned that syrian president assad's regime is on...